Three Month Sterling (Short Sterling)

Interest Rate Future

Unit of trading: 500, 000

Delivery Months: March, June, September, December

Delivery Day: First Business day after Last Trading Day

Last Trading Day: 11.00 Third Wednesday of delivery month

Quotation: 100.00 minus rate of interest

Min Price Fluct.: 0.01

Tick size & value: l2.50

Trading Hours: 08.05 - 16-02

APT Trading Hours: 16.27- 17.57
(APT is Automated Pit Trading - LIFFE's electronic trading system.)

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